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Gold/Mining/Energy : Gold Price Monitor

GDXJ 121.59

+2.2%

Dec 26 4:00 PM EST

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To: lorne who wrote (28953)	2/25/1999 5:43:00 AM
From: Bobby Yellin	Read Replies (3) of 116832

thanks for the link... I listened to some of Greenspan's testimony..He just typifies the current age..He accepts no responsibility for the negative effects of his governmental intervention policies.which continually bailout Wall Street and sweep more money into fewer hands.Yesterday I heard somebody question him about corporate heads getting 200 times what their workers are getting..he blamed it on shareholders..I guess he blames the destruction on so many of the emerging countries citizens' quality of life on themselves..I guess he blames the over 41 million US citizens for not having health insurance..but I guess he gives kudos to all the american corporations who have increased their productivity..(and who have cut costs drastically by removing benefits,safety nets,morale, pension plans which have been probably the primary fuel for this bubble) I could be wrong..quite easily..but with the advances in technology which made possible the internet..and all the exploding businesses online..plus necessary remediation by companies for year2000 etc.. nature would have taken its course..without the bailouts of all the financial types. I felt sad when I heard somebody yesterday ask him why he was against minimum wage of 5.50 when corporate heads are making such vast sums.. anyways..I am guessing that Brazil will be dumping a lot of commodities and gold will head south... looking for articles concerning recovery of Asia..then gold will up..guessing again bobby

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